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    Marcell Company's Average Collection Period (Age of Receivables)for 20 ×
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Marcell Company's Average Collection Period (Age of Receivables)for 20 ×

Question 193

Question 193

Multiple Choice

Marcell Company's average collection period (age of receivables) for 20 × 6 was closest to:


A) 15.7 days.
B) 22.6 days.
C) 25.8 days.
D) 36.9 days.

Correct Answer:

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